Chris Roche
BRRRR Cashout refi, minimum 6 months?
I am researching buying a property using the BRRRR method. My strategy will be to buy using hard money, rehab using my HELOC (lower interest than hard money) and then cash out refi on the back end. Two Questions:Do ...
Tyler D.
Cheap studios in Honolulu. What's the catch?
I was looking around at apartments in Honolulu today, and found a group of really cheap studios. They're all under $100k, and based on rental estimates would cashflow well. From what I've seen there are no HOA fees, s...
Katerina McKnight
newbie question: cap ex number to use for an apartment?
Hi all. Newbie here and new to calculating the deal.
What cap ex number or % do you use for calculating expenses on an apartment, or is there no cap ex for an apartment and instead is only maintenance and HOA ?
Th...
JD Morris
BRRRing a Mobile Home?
I'm finding a lot of deals on mobile homes in my area, Spartanburg, SC, but I can't find a local bank who will offer refinancing to an investor on mobile homes. My current goal is to use my HELOC to pay cash and fix...
Andrew M.
Baltimore: Converting from 2 units to 3 units
I am under contract on my 2nd property in Baltimore City. It is a 2 unit building. To be honest, I am not sure of its zoning, but I believe it was originally built as 2 units, and it has 2 gas and 2 electric meters. I...
Victor N.
Need Help With Owner Finance Deal
This contractor I met when he came to give me a quote on a new project, offered to sell me a 1BR condo he owns. I said I would only be interested if it is owner financed and he agreed.Asking $55,000 which is close to ...
Malik Javed
Cost Segregation - The Basics
What is a Cost Segregation Study & How Does it Work?
Cost Segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled an...
Andrew Chamberlain
North Shore Oahu Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $290,000
This was a foreclosure with tenants living in each unit. We (my wife Kelly ...
Rosella Lynn
Church Street Complex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $83,000
Cash invested: $83,000
3 Unit Brick, 1 Floor/ with full basements. 2- 2BR, 1BA, and 1 efficiency ...
Geoff Sanning
In which property should I invest
So here is the situation:I own the following investment properties on the two block where I live and have been renovating and flipping houses over the last 5 years. The values are now on the verge of changing drastic...